Mirae Asset Securities said Monday that executive vice chairman Choi Hyun-man will take over the brokerage firm as chairman in what will be the company’s first move to tap a non-family member chief since it became the largest South Korean brokerage in 2016 when it merged with Daewoo Securities. Choi, a founding member of Mirae Asset Securities when it was set up in 1999, has been CEO at a number of key affiliates of Mirae Asset Financial Group, which along with brokerage provides comprehe

In an industry where fluffy tunes often top the charts, making it big as a band is no easy task. But rookie boy band Xdinary Heroes believes they can make it to your next playlist. Produced by K-pop powerhouse JYP Entertainment, home to globetrotting acts like boy band 2PM and girl group Twice, the sextet threw their glitzy hats into the ring Monday evening hoping to follow in the footsteps of label mates Day6, the current pop-rock kings of K-pop. The band is made up of Gunil, who plays the

Pianist Shin Chang-young, cellist Mun Tae-guk to hold four performances at Lotte Concert Hall next year

The National Museum of Modern and Contemporary Art, Korea and Incheon International Airport Corp. jointly opened the exhibition “Warming-up” at the country’s main gateway, allowing travelers to appreciate works of art during their layover at the airport. The art is part of the collection of the Government Art Bank, which is run by the museum. Some eight works by Korean contemporary artists are shown on the fourth floor of Incheon Airport Terminal 1, where a variety of amenit

Samsung’s de facto leader Lee Jae-yong left for the United Arab Emirates on Monday at around 10 p.m. ahead of scheduled meetings in the Middle East region. Lee told reporters he would be returning to South Korea on Thursday, and did not elaborate on details about the trip. Lee’s visit to the Middle East comes more than two years after the vice chairman of Samsung Electronics’ February 2019 meeting with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan. A few months

Metaverse, a shared virtual world where people can interact with others through avatars, has been the talk of the town in the second half of this year. While some doubt metaverse will be able to take off or see it as just another marketing strategy, others seem to believe it is the next giant leap in information technology. Regardless of the perceptual divide, Kim Beom-joo, head of evangelism at graphics developer Unity Korea, says the coming of the virtual platform was inevitable and its ar

Presidential candidate Ahn Cheol-soo from the People’s Party met with Rep. Sim Sang-jung from the Justice Party on Monday to discuss how to improve nation’s election system and agreed to push for special prosecution against two key candidates from the ruling and main opposition parties. “We shared that the two party system has caused difficulties in people’s lives. We will cooperate on what we can do to restore the politics for the future, for the people,” Sim s

South Korea and the Association of Southeast Asian Nations have agreed to cut red tape in customs checks to boost trade, until they see the coronavirus pandemic subside, Korea’s Finance Ministry said Monday. Copies of a product’s certificate of origin will now be accepted for tariff cuts guaranteed under their free trade agreement that took effect in June 2007. The original certificates had been shipped late because of the pandemic. “Nearly 40,000 Korean firms exporting to AS

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